// ============================================================ // Inputs // ============================================================{ var CHoCH_Group = "Visual Settings" var CHoCH_Style_in = input.string("┈┈┈┈", "CHoCH Style", options=["──────", "┈┈┈┈", "╌╌╌╌"], inline = "CH1_line", group = CHoCH_Group) var CHoCH_Style = (CHoCH_Style_in == "┈┈┈┈") ? line.style_dotted : (CHoCH_Style_in == "╌╌╌╌") ? line.style_dashed : line.style_solid var CHoCH_Color = input.color(color.new(color.blue,20),"Color", inline = "CH1_line", group = CHoCH_Group) var CHoCH_Thickness = input.int(1, "Thickness", minval = 1, step = 1, inline = "CH1_line", group = CHoCH_Group)
var CHoCH_Change = input(false,"Show CHoCH continuations", group = CHoCH_Group, tooltip = "If unset then only show CHoCHs on Change of Trend") var CHoCH_cont_Style_in = input.string("┈┈┈┈", "CHoCH Cont Style", options=["──────", "┈┈┈┈", "╌╌╌╌"], inline = "CH2_line", group = CHoCH_Group) var CHoCH_cont_Style = (CHoCH_cont_Style_in == "┈┈┈┈") ? line.style_dotted : (CHoCH_cont_Style_in == "╌╌╌╌") ? line.style_dashed : line.style_solid var CHoCH_cont_Color = input.color(color.new(color.aqua,45),"Color", inline = "CH2_line", group = CHoCH_Group) var CHoCH_cont_Thickness = input.int(1, "Thickness", minval = 1, step = 1, inline = "CH2_line", group = CHoCH_Group) var CHoCH_number = input.int(6, "Number of CHoCHs to display", minval = 0, group = CHoCH_Group)
var CHoCH_extras = "CHoCH Prediction" var CHoCH_helper_Style_in= input.string("┈┈┈┈", "Prediction Style", options=["──────", "┈┈┈┈", "╌╌╌╌"], inline = "CH1_line", group = CHoCH_extras) var CHoCH_helper_Style = (CHoCH_helper_Style_in == "┈┈┈┈") ? line.style_dotted : (CHoCH_helper_Style_in == "╌╌╌╌") ? line.style_dashed : line.style_solid var CHoCH_helper_Color = input.color(color.new(color.blue,20),"Color", inline = "CH1_line", group = CHoCH_extras) var CHoCH_helper_Thickness= input.int(2, "Thickness", minval = 1, step = 1, inline = "CH1_line", group = CHoCH_extras) var show_CHoCH_fractal_HL= input(false,"Show Fractal High and Low Line", group = CHoCH_extras, tooltip = "Shows the current fractal range, good when learning how to draw CHoCHs.") var show_next_CHoCH = input(true,"Show Next CHoCH line", group = CHoCH_extras, tooltip = "Shows the the line where the next CHoCH will happen.")
alert_bull_choch = input.bool(true,"Activate alerts for bullish CHoCHs", group = grp) alert_bear_choch = input.bool(true,"Activate alerts for bearish CHoCHs", group = grp) alert_cont_choch = input.bool(false,"Activate alerts for continuation CHoCHs", group = grp)
ts(value) => // converts int, float, bool into strings // [any] value -> variable to be converted // returns -> // string value -> a string str.tostring(value)
print(value) => // Print log to screen // any value -> variable to be printed db.print(c, f, ts(value))
drawLine(lin_array, x1, y1, x2, y2, style = line.style_solid, width = 1, linecolor = color.white) => // Draw a line // [line] lin_array -> array to add the line to // int x1 -> index to draw the start of the line at // float y1 -> price to draw the start of the line at // int x2 -> index to draw the end of the line at // float y2 -> price to draw the end of the line at // print("New CHoCH at " + ts(x1) + " " + ts(y1))
clearDrawing(line_array) => // erase CHoCH drawings that are beyond the requested number of CHoCH's // [line] line_array -> an array of lines to be deleted if array.size(line_array) > CHoCH_number for i = CHoCH_number to array.size(line_array) - 1 line.delete(array.get(line_array,i)[0]) for i = array.size(line_array) - 1 to CHoCH_number array.remove(line_array,i)
changeHighLowLines(hi, hp, li, lp) => // Change the fractal high and low lines // int hi -> index of high // float hp -> price of high // int li -> index of low // float lp -> price of low
highSince(int end, start = 0) => // Find the highest value since start bars back // int start -> bars back // returns -> //int -> bars back to highest high int hIndex = 0 float hPrice = 0 for i = (end) to (start) if high > hPrice hIndex := i hPrice := high hIndex
lowSince(int end, start = 0) => // Find the lowest value since start bars back // int start -> bars back // returns -> // int -> bars back to lowest low int hIndex = 0 float hPrice = 99999999 for i = (end) to (start) if low < hPrice hIndex := i hPrice := low hIndex
findBreakInLow() => // finds where the low run stops // returns -> // int highSince(_i) -> index of highest candle since low int _i = 0 cond = low[_i + 1] > low[_i] while cond _i := _i + 1 cond := low[_i + 1] > low[_i] highSince(_i)
findBreakInHigh() => // finds where the high run stops // returns -> // int lowSince(_i) -> index of lowest candle since low int _i = 0 cond = high[_i + 1] < high[_i] while cond _i := _i + 1 cond := high[_i + 1] < high[_i] lowSince(_i)
// ============================== } // ====================== End of Function =====================}
// ============================================================ // Main Code // ============================================================{ engulfed = false
// Candle is engulfing candle if high > CH_high_price and low < CH_low_price and low < CH_low_price and low[1] > CH_low_price[1] // candle engulfs previous candle and takes out both low and high in one move engulfed := true if CHoCH_trend == "Bearish" drawLine(CH_line_array, CH_high_index, CH_high_price, bar_index, CH_high_price, style = CHoCH_Style, width = CHoCH_Thickness, linecolor = CHoCH_Color) clearDrawing(CH_line_array) CHoCH_trend := "Bullish" if CHoCH_trend == "Bullish" drawLine(CH_line_array, CH_low_index, CH_low_price, bar_index, CH_low_price, style = CHoCH_Style, width = CHoCH_Thickness, linecolor = CHoCH_Color) clearDrawing(CH_line_array) CHoCH_trend := "Bearish"
// breaks fractal high if high > CH_high_price if high[1] <= CH_high_price[1] and not engulfed // candle caused CHoCH or continuation CHoCH (name?) if CHoCH_trend == "Bearish" drawLine(CH_line_array, CH_high_index, CH_high_price, bar_index, CH_high_price, style = CHoCH_Style, width = CHoCH_Thickness, linecolor = CHoCH_Color) clearDrawing(CH_line_array) if alert_bull_choch // modification to add alerts alert("Bullish CHoCH",alert_freq) else if alert_cont_choch // modification to add alerts alert("Bullish Cont CHoCH",alert_freq) else if CHoCH_Change drawLine(CH_cont_line_array, CH_high_index, CH_high_price, bar_index, CH_high_price, style = CHoCH_cont_Style, width = CHoCH_cont_Thickness, linecolor = CHoCH_cont_Color) clearDrawing(CH_cont_line_array) CHoCH_trend := "Bullish" // calculate new fractal high and low CH_high_price := high CH_high_index := bar_index lowOffset = findBreakInHigh() CH_low_index := bar_index - lowOffset CH_low_price := low[lowOffset]
// breaks fractal low if low < CH_low_price if low[1] >= CH_low_price[1] and not engulfed // candle caused CHoCH or continuation CHoCH (name?) if CHoCH_trend == "Bullish" drawLine(CH_line_array, CH_low_index, CH_low_price, bar_index, CH_low_price, style = CHoCH_Style, width = CHoCH_Thickness, linecolor = CHoCH_Color) clearDrawing(CH_line_array) if alert_bear_choch // modification to add alerts alert("Bearish CHoCH",alert_freq) else if alert_cont_choch // modification to add alerts alert("Bearish Cont CHoCH",alert_freq)
// Draw in fractal high and low if selected if show_CHoCH_fractal_HL changeHighLowLines(CH_high_index, CH_high_price, CH_low_index, CH_low_price) else if show_next_CHoCH changeNextCHoCH(CH_high_index, CH_high_price, CH_low_index, CH_low_price) // ==================== End of Main Code ======================} // plot(bar_index)
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